📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      A businessman purchases 20 articles whose cost is equal

      to the selling price of 15 articles. The profit or loss percentage of the businessman is:
      A 33.33% profit Correct Answer Incorrect Answer
      B 25% profit Correct Answer Incorrect Answer
      C 15% loss Correct Answer Incorrect Answer
      D 23.33% loss Correct Answer Incorrect Answer

      Solution

      CP × 20 = SP × 15 ⇒ 20/15 = SP/CP Here, CP < SP Profit = 20 - 15 = 5 Profit percent = (5/15) × 100 = 33.33%

      Practice Next
      More Profit and loss Questions

      Relevant for Exams:

      ask-question